Is Prescott, WI 54021 a buyer’s or seller’s market?
Prescott is a seller’s market. With about 0.7 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 51% of U.S. ZIP codes, and #250 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Prescott housing market right now
In the three months ending August 31, 2026, 21% of homes in Prescott, WI 54021 sold above their list price, the typical home went under contract in 57 days and there were 0.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 35 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (49 days then) and the median sale price rose 9% to $422,317. Overall, Prescott is less competitive than a year ago, which gives buyers more room.
Within Pierce County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 89%. On our competition score, Prescott ranks #250 of 319 WI ZIP codes with enough sales (score 50 out of 100).
Nearby, Beldenville 54003 (100% sold over asking) and Bay City 54723 (75% sold over asking) are even more competitive.
Run the numbers for 54021
Nearby markets
Bay City 54723Seller’s market $179 /sq ftBeldenville 54003Buyer’s market $175 /sq ftEllsworth 54011Balanced $229 /sq ftElmwood 54740Seller’s market $231 /sq ft Browse all markets →Towns like Prescott nearby
Find towns like Prescott in other states →Where Prescott is
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Questions about Prescott real estate
Is Prescott a buyer’s or seller’s market?
A seller’s market: there were 0.7 months of supply in Prescott, WI 54021 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Prescott?
The typical home went under contract in 57 days in the latest three months.
Do homes in Prescott sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Prescott?
About 1.36% of a home’s value a year in Pierce County, or roughly $5,440 on a $400,000 home.
What is the median home price in Prescott?
The median sale price was $422,317 in the three months ending August 31, 2026, about $198 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology